Inside Music MediaJerry Del Colliano

Richard Bressler and Bob Pittman are officially taking direct charge of running Clear Channel – Bressler said so last week.

You don’t put two corporate clowns who have no experience in radio in full charge if the owner’s goal is to build a profitable radio group.

It’s time to get out.

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1. Which one of the four options is the most likely exit plan for Clear Channel considering that one option is firing 90% of all employees to cut costs.
2. How Clear Channel can raise a cool $4 billion in a jiffy – one option that could adversely affect major and regional radio stations.
3. Their plan to entertain a leveraged buyout of some key assets with mind-blowing repercussions to employees.
4. Why going public may be likely but it is only a strategy not one of the four exit plans on the table.
5. When we will see the first real signs of a final exit strategy.

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Just 2 weeks until my Philly meeting.  Last chance to see what’s in the pipeline for radio in 2014 here.